From my limited knowledge and having read the WB tech descriptions, I would make the following comments.
I would not expect to see steam, this suggests heat, which these devices are supposed to ge good at not wasting.
The WB range of boilers (certainly the greenstars) collect condensate in a small tank which only empties when its full, using a syphon action.
I think your new boiler is perhaps a little cleverer than you give it credit for - as you say - it works fine - and is probably quietly collecting its next load of condensate as we speak
